Opening of Sheraton Kyiv Olimpiyskiy hotel scheduled for 2022 amid pandemic – developer 2 min read
The opening of the first five-star Sheraton Kyiv Olimpiyskiy hotel of Marriott Hotels & Resort is scheduled for the second quarter of 2022, the hotel developer said. In connection with coronavirus [COVID-19] disease, we plan the opening in the second quarter of 2022, Construction Investment Company TM told Interfax-Ukraine about opening dates of the hotel.
According to the company, the hotel project provides for 208 rooms, of which 199 are standard rooms with an area of 40 square meters, eight suites (70 square meters) and one presidential suite (190 square meters).
The hotel will also house two restaurants, one of which is a panoramic, wellness zone, and conference halls with a total area of 1,100 square meters with coworking functions.
Reconciling transatlantic differences over Nord Stream 2
Flag of Federal Republic of Germany waving in front of the German parliament building (Reichstag) in Berlin, Germany (Katatonia82/Shutterstock)
From the time it was first proposed in 2011, the Nord Stream 2 gas pipeline has divided the United States and the project’s European supporters, principally Germany. Nord Stream 2 is not simply a US-Europe issue or a US-Germany issue, however. Many in Europe, including Central and Eastern European countries, the European Parliament, and those within Germany also oppose it. The policy dispute stems in part from different perspectives on energy security. Nord Stream 2’s supporters see Russia as an economic and reliable nearby supplier of oil and gas, while the US and European critics of the project are concerned that Europe’s reliance on Russian energy supplies creates security vulnerabilities. This concern has been exacerbated by Russian aggression against Ukraine starting in 201
By Reuters Staff
2 Min Read
JAKARTA (Reuters) - Indonesia’s soon-to-be launched sovereign wealth fund (SWF) is targeting $20 billion in investment in the next few months, President Joko Widodo said, a larger sum than previously announced after positive responses from several firms.
Southeast Asia’s largest economy hopes to launch the SWF early this year to attract funds to help it get out of its pandemic-induced recession as well as finance an ambitious infrastructure drive and a massive capital relocation project.
Unlike many SWFs set up by wealthy countries to save oil revenues or foreign exchange reserves, the Indonesian fund - like others in emerging markets - is designed to attract foreign firms as co-investors.
February 2, 2021
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Tony Pipa & Katharine Ferguson
This is the second in a series (see Part 1) on how to ensure development investments that are part of COVID-19 relief and recovery set the stage for thriving rural communities and a more distributed, inclusive US economy. It was cross-posted by the Brookings Institution.
This article has been updated since its original posting in June 2020. On January 20, 2021, Katharine Ferguson joined the US Department of Agriculture as Chief of Staff. The ideas in this blog do not necessarily represent the policy of the USDA.
With President Biden newly inaugurated, debate still rages on whether to offer COVID-19 relief to state, local, and tribal governments, which are in acute fiscal crisis due to an unexpected double whammy: the direct costs associated with taking quick, decisive action to protect public health, and the indirect costs of loss of revenue that are the inevitable fallout of interrupted economic activity due to social d
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